Looking Glass Labs Ltd. announced a non-brokered private placement of up to 11,000,000 units at a price of CAD 0.10 per unit for the gross proceeds of up to CAD 1,100,000 on November 10, 2023. Each unit will consist of one common share in the capital of the company and one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional share of the company at an exercise price of CAD 0.10 for a period of 2years from the closing date of the offering. The transaction is expected to close on or about November 17, 2023, and remain subject to receipt of all applicable regulatory approvals, including the approval of the NEO Exchange Inc., now operating as Cboe Canada. All securities issued pursuant to the Offering and Debt Settlement will be subject to a statutory hold period
of four months plus a day from issuance in accordance with applicable securities laws.